Fortune Oriental Co (TPE:2491) 5-Year ROIIC % : 5.53% (As of Dec. 2023)

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What is Fortune Oriental Co 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Fortune Oriental Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 5.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Fortune Oriental Co's 5-Year ROIIC % or its related term are showing as below:

TPE:2491's 5-Year ROIIC % is ranked better than
52.87% of 401 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.66 vs TPE:2491: 5.53

Fortune Oriental Co 5-Year ROIIC % Historical Data

The historical data trend for Fortune Oriental Co's 5-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortune Oriental Co 5-Year ROIIC % Chart

Fortune Oriental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

5-Year ROIIC %

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-0.34

-8.72

-10.97

35.03

5.53

Fortune Oriental Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
5-Year ROIIC %	Get a 7-Day Free Trial															-	5.53	-	-	-

Competitive Comparison of Fortune Oriental Co's 5-Year ROIIC %

For the Furnishings, Fixtures & Appliances subindustry, Fortune Oriental Co's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortune Oriental Co's 5-Year ROIIC % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fortune Oriental Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Fortune Oriental Co's 5-Year ROIIC % falls into.

Fortune Oriental Co 5-Year ROIIC % Calculation

Fortune Oriental Co's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( -134.657 (Dec. 2023) - -17.1745698 (Dec. 2018) )	/	( 545.064 (Dec. 2023) - 2668.277 (Dec. 2018) )
	=	-117.4824302	/	-2123.213
	=	5.53%^***

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Fortune Oriental Co (TPE:2491) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Fortune Oriental Co 5-Year ROIIC % Related Terms

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Fortune Oriental Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Fortune Oriental Co Ltd (TPE:2491) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongzheng Road, No. 6, Lane 54, Xindian District, New Taipei City, TWN, 231041

Website

https://www.focl.com.tw

Fortune Oriental Co Ltd is principally engaged in Research and Development, design, manufacture, and sales of electric vehicle power systems. Its segments include the Electronics multimedia segment, the Electric Vehicle Department segment, the Optoelectronics segment, and Other segments. It generates the majority of its revenue from the Optoelectronics segment.

Fortune Oriental Co Headlines

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